Variance Analysis

Variance Analysis is a quantitative tool used in accounting to assess the difference between planned outcomes and actual outcomes. By examining variances, managers and accountants can pinpoint areas of improvement, control costs, and make informed decisions to enhance financial performance.

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Variance Analysis Overview and Objectives lesson thumbnail Variance Analysis Overview and Objectives Introduction to Variance Formulas lesson thumbnail Introduction to Variance Formulas Examples of Variance Calculations lesson thumbnail Examples of Variance Calculations Flexible Budget Variances lesson thumbnail Flexible Budget Variances Variance Analysis Summary lesson thumbnail Variance Analysis Summary Variance Analysis - Practice Questions lesson thumbnail Variance Analysis - Practice Questions

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Performance Analysis & Cost Accounting
Module: 4 Concepts, 44 Lessons
Performance Management Metrics Overview and Objectives
1:43
Introduction to Performance Management Metrics
2:13
Productivity Ratios
4:20
Benchmarking
2:30
Supply Chain Processes
4:59
Theory of Constraints
3:45
Reorder Point
4:40
Costs of Quality
4:54
Balanced Scorecard
10:35
Return on Investment
8:16
Performance Management Formulas
16:35
Supply Chain Management
1:34
Performance Management Metrics Summary
1:00
Performance Management Metrics - Practice Questions
11:59
Variance Analysis Overview and Objectives
2:03
Introduction to Variance Formulas
7:35
Examples of Variance Calculations
16:29
Flexible Budget Variances
2:20
Variance Analysis Summary
1:21
Variance Analysis - Practice Questions
17:10
Cost Accounting Methods Overview and Objectives
1:44
Absorption Costing vs. Variable Costing
7:55
Traditional Costing
5:04
Cost Drivers and Activity Centers - Quick Refresher
1:52
Joint Costing Allocation Methods
3:32
Process Costing
1:39
Job-Order Costing
1:25
Activity-Based Costing
10:18
Joint Cost at NRV and Joint Cost at Split-Off
11:49
Equivalent Units of Production
24:51
Cost Accounting Methods Summary
1:16
Cost Accounting Methods - Practice Questions
12:27
Cost Accounting Fundamentals Overview and Objectives
1:58
Introduction to Cost Accounting Fundamentals
3:37
Cost Accounting Terms and Formulas
6:10
Direct Costs
16:11
Indirect Costs
2:07
Cost Drivers and Activity Centers
7:35
Product vs. Period Costs
2:05
Spoilage
2:00
Relevant Range
3:07
Variable and Fixed Costs
2:24
Cost Accounting Fundamentals Summary
1:21
Cost Accounting Fundamentals - Practice Questions
9:57